Last time when BCN hedged at 2715 if they had of waited another day they could have got 2815. This latest hedge at 2729 if they had of waited 2 more days they could have got 2799. Bad luck i suppose. Gold is still ok at 2750. Maybe in a couple of months time if gold is sitting comfortably at say 2850 an ounce they may look at locking that in but as metal bee showed us through her analysis, the company has lost 900,000 doing 3 hedges over the last few years. Stop the hedging.
Growth in 2023 - How do we become a $250m company?, page-106
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Mkt cap ! $86.40M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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